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Sustainability and Responsible Banking

Sustainability and Responsible Banking

In a press conference today, local nonprofit housing developer Avenue celebrated officially breaking ground on Avenue Center, a new mixed-use community resource center in Near Northside. Construction was kickstarted by a $1 million gift from the BBVA Compass Foundation, which will create opportunities for Avenue’s comprehensive homebuyer education and counseling programs at Avenue Center.

It isn’t easy to live in Soacha. Despite being close to Bogota, basic services like running water are not available on a daily basis and the streets of this town, one of the most impoverished in Colombia, are known for their insecurity and lack of infrastructure. But everything is possible with an opportunity and enthusiasm and Jessica Hernandez is the perfect example of this. BBVA’s Group executive chairman wanted to meet the entrepreneur whose story was heard around the world following her speech at the United Nations during a BBVA Microfinance Foundation event.

Diversity and inclusion have become the keystones around which BBVA structures its response towards the equality and wellbeing of its employees. One of the focal points of Talent and Culture’s policies is tearing down the barriers preventing greater diversity in positions of responsibility. That is why work-life balance emerges as a priority issue to attract and retain talent within the organization.

Fundación Diversidad's initiative, promoted by Fundación Alares, aims to foster inclusion and equal job and promotion opportunities at the workplace, and to open a forum where participating companies can share good practices. Clara Barrabés, head of the Diversity and Inclusion project, BBVA Talent & Culture Area, signed the document that confirms BBVA as a company committed to diversity, during an event that took place at the European Commissions’ Madrid headquarters.

Ebru Dildar Edin, Garanti Bank’s Executive Vice President of CIB, was recently re-elected President of Turkey’s Business Council for Sustainable Development (BCSD). The general assembly of the organization voted in favor of Edin continuing in her role as BCSD President - a position she accepted one year ago. BCSD Turkey is a key member of the World Business Council for Sustainable Development network and has spearheaded sustainability initiatives in Turkey’s public and private sectors for the past 15 years.

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

On March 27 at the CDP Climate Change Conference, CDP, the world's largest environmental reporting platform announced the 2018 results for Turkey’s Climate Change and Water programs. Garanti Bank sponsored the conference where, as in previous years, it assumed its place among other Turkish CDP leaders receiving their awards.